Across
- 3. The business idea has been developed into products or services that the business is ready to market and sell
- 4. A key function involving a businesses production system to convert inputs into outputs
- 6. The very beginning of the business life, cycle when the business is just a thought or an idea
- 9. Generally the longest stage that a business will experience, and reflects the dominating presence of the business in its market
- 10. A key function of a business that determines what the consumers want and need and persuades them to purchase
Down
- 1. A key function of a business dealing with the hiring, firing and training of staff
- 2. A challenge of the maturity stage where market share is at stake is the increase in _________
- 5. The business may head in one of three directions - steady state, decline or renewal
- 7. A key function that management is responsible for and involves the allocation of money
- 8. The movement of a business into either an established state or an expansion state
- 10. One of the biggest challenges of the initial stages of the business life cycle alongside time and energy
